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Company Registration No. 12596465 (England and Wales)
HYSERVE LIMITED Unaudited accounts for the year ended 31 May 2023
HYSERVE LIMITED Unaudited accounts Contents
Page
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HYSERVE LIMITED Company Information for the year ended 31 May 2023
Directors
Jerome Dardillac Marina Dardillac
Company Number
12596465 (England and Wales)
Registered Office
Unit 6, Station Lane Station Lane Birtley Birtley DH3 1DQ England
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
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HYSERVE LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,038 
- 
Tangible assets
176,947 
97,209 
186,985 
97,209 
Current assets
Inventories
28,136 
10,044 
Debtors
529,933 
394,476 
Cash at bank and in hand
(20,035)
176,201 
538,034 
580,721 
Creditors: amounts falling due within one year
(421,257)
(502,779)
Net current assets
116,777 
77,942 
Total assets less current liabilities
303,762 
175,151 
Creditors: amounts falling due after more than one year
(75,755)
(33,687)
Provisions for liabilities
Deferred tax
(27,073)
(18,470)
Net assets
200,934 
122,994 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
200,834 
122,894 
Shareholders' funds
200,934 
122,994 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by
Jerome Dardillac Director Company Registration No. 12596465
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HYSERVE LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
HYSERVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12596465. The registered office is Unit 6, Station Lane Station Lane, Birtley, Birtley, DH3 1DQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangible fixed assets includes software development R&D. The intangible fixed assets are amortized over 10 years.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2022
- 
Additions
11,153 
At 31 May 2023
11,153 
Amortisation
At 1 June 2022
- 
Charge for the year
1,115 
At 31 May 2023
1,115 
Net book value
At 31 May 2023
10,038 
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HYSERVE LIMITED Notes to the Accounts for the year ended 31 May 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
69,864 
50,973 
120,837 
Additions
55,690 
70,499 
126,189 
Disposals
- 
(9,995)
(9,995)
At 31 May 2023
125,554 
111,477 
237,031 
Depreciation
At 1 June 2022
14,633 
8,995 
23,628 
Charge for the year
15,297 
25,298 
40,595 
On disposals
- 
(4,139)
(4,139)
At 31 May 2023
29,930 
30,154 
60,084 
Net book value
At 31 May 2023
95,624 
81,323 
176,947 
At 31 May 2022
55,231 
41,978 
97,209 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
81,323 
41,978 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
466,976 
336,948 
Accrued income and prepayments
59,931 
52,528 
Other debtors
3,026 
5,000 
529,933 
394,476 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
79,631 
121,765 
Obligations under finance leases and hire purchase contracts
17,059 
12,118 
Trade creditors
240,590 
257,976 
Taxes and social security
43,643 
29,393 
Loans from directors
13,317 
- 
Accruals
27,017 
21,276 
Deferred income
- 
60,251 
421,257 
502,779 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
75,755 
33,687 
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HYSERVE LIMITED Notes to the Accounts for the year ended 31 May 2023
9
Average number of employees
During the year the average number of employees was 20 (2022: 18).
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